Study the Minitab output. Discuss the type of distribution, the mean, standard deviation, and why the probabilities fall as theydo.
Answer to relevant QuestionsStudy the graphical output from Excel. Describe the distribution and explain why the graph takes the shape itdoes.The retail price of a medium-sized box of a well-known brand of cornflakes ranges from $2.80 to $3.14.Assume these prices are uniformly distributed. What are the average price and standard deviation of prices in this ...Tool workers are subject to work-related injuries. One disorder, caused by strains to the hands and wrists, is called carpal tunnel syndrome. It strikes as many as 23,000 workers per year. The U.S. Labor Department estimates ...Use the test µ ± 3σ to determine whether the following binomial distributions can be approximated by using the normal distribution.a. n = 8 and p = .50b. n = 18 and p = .80c. n = 12 and p = .30d. n = 30 and p = .75e. n = ...Determine the following exponential probabilities.a. P(x ≥ 5| λ = 1.35)b. P(x < 3 | λ = 0.68)c. P(x > 4 | λ = 1.7)d. P(x < 6 | λ = 0.80)
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